New appointments to NHFIC board to drive social housing progress

The Community Housing Industry Association has warmly welcomed the appointment of Carol Austin as the Chair of the National Housing Finance and Investment Corporation (NHFIC) along with the appointments of Nigel Ray and the Hon Richard Wynne to the organisation’s Board. NHFIC is due to be renamed Housing Australia with responsibility for delivering the Government’s social housing commitments. Carol Austin has held senior positions with Contango Asset Management, Rothschild Australia Asset Management, Commonwealth Funds Management, and the Reserve Bank of Australia. She is currently Chair of the ACT Government Investment Advisory Board, and a director of NSW State Super, the Grattan Institute and Infoxchange. The Hon Richard Wynne was Victorian Minister for Planning and Housing for 12 years. Mr Ray served in executive leadership positions at the World Bank, the International Monetary Fund, and the Commonwealth Treasury. “These are strong and sensible appointments that will buttress the federal Government’s capacity to develop and deliver a strong pipeline of social and affordable housing,” said Wendy Hayhurst, CEO of the Community Housing Industry Association. “CHIA wishes to thank outgoing board member Phillip Barresi for his contribution and Teresa Dyson for chairing NHFIC over the past few months.”